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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) A recipient that wants to receive a continuation award shall submit a performance report that provides the most current performance and financial expenditure information, as directed by the Secretary, that is sufficient to meet the reporting requirements of 2 CFR 200.327 and 200.328 and 34 CFR 75.590 and 75.720.
(b) If a recipient fails to submit a performance report that meets the requirements of paragraph (a) of this section, the Secretary denies continued funding for the grant.
Cross Reference: See 2 CFR 200.327, Financial reporting, and 200.328, Monitoring and reporting program performance; and 34 CFR 75.117, Information needed for a multi-year project, 75.250 through 75.253, Approval of multi-year projects, 75.590, Evaluation by the grantee, and 75.720, Financial and performance reports.
(Approved by the Office of Management and Budget under control number 1875–0102)
(Authority: 20 U.S.C. 1221e–3(a)(1) and 3474)
Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.75.118 Requirements for a continuation award - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-75-118/
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